Reconcile
business & planet

How are companies reorganizing to thrive in a net zero future, while maintaining a profitable business?

What are the main benefits of investing in engineering for sustainability for your firm?

Many firms see sustainability as essential to the future of their business and critical to maintaining market share.

More practically, they also see it as a route to regulatory
compliance and ESG incentives, to create a good reputation
with customers and investors.

When do you estimate the sustainability imperative
to significantly transform your industry?

Most feel the ticking of the sustainability clock, and believe that sustainability will transform their industry within five years or less.

To go from ‘business as usual’ to ‘sustainable business as usual’ at scale in such timescales is a dramatic change.

With time pressing, ER&D leaders explore multiple threads to build their long-term strategy

What avenues does your firm currently leverage
to design its long-term engineering for sustainability strategy

(% of survey respondents listing as their top avenue)

To address the urgency of the challenge, they are dedicating significant portions of their engineering and new product development budgets to making products sustainable, and making their operations more sustainable.

How does your firm plan to transform operations to move towards sustainability goals?

How much of the following budgets are dedicated to making your products/services more sustainable?

But they see risks along the way, from the availability of the technologies and materials they need to decarbonize, to skills shortages, to culture.

How much do you consider the following to represent risks to your sustainability plans?

Working with expert partners

Given the extent of these challenges, and their
rapidly changing nature, it is no surprise that
almost all use engineering service providers to
help them navigate these choppy waters.

of global enterprises leverage engineering
service providers for their sustainability efforts

Case study

With the aviation industry accounting for
3-4% of global emissions, and at least 800 aircraft being dismantled each year, the adoption of circular economy practices is becoming an important part of the sustainability strategy for aerospace manufacturers.

Increasing the reuse rate of manufactured aerospace parts is an important step on this journey, but determining if a part can be reused must be made easier and less time consuming.